Cross Boarder Account

Building on Al Baraka Group's presence in over 13 countries, this initiative aims to streamline cross-border banking by empowering customers to invest and transact effortlessly across subsidiaries. With a strong emphasis on compliance with local and international regulations, it fosters collaboration to deliver a global financial services.

AlBaraka Islamic Bank (Bahrain) and AlBaraka Türk Participation Bank (Turkey) will now offer account-opening services exclusively to citizens, allowing customers from one country to open accounts in the other, enhancing accessibility and convenience.

Al Baraka Islamic Bank Bahrain and Al Baraka Participatin Bank Turkey are going to facilitate account opening for:

Savings Accounts

Current Accounts

Fixed Deposits

Raffle Accounts
Bahrain: BHD, USD

Turkey: TK, USD, and Euro
Minimum Balance:

Bahrain: Equivalent to BD 1000 for all type of accounts.

Turkey: TK 25,000 for current account.

Dormancy Charges:

Bahrain: Normal Dormancy charges will apply.

Turkey: Free.

Transfer fees:

To Be Announced later.

Time frame required to open and activate the account:

72 Hours, once documents are completed and submitted.

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